GON
$100 Site Donor 2024
After reading/learning about Treasury Direct on BITOG (of all places), I opened an account.
The I Bond rate today is paying 6.89 percent, and as nice as that, appears very easy to purchase the Bond (hassle free).
The question is I Bond limits. It appears that one can only buy 10k in I Bonds per year? Am I reading that right? At 10K, yes the rate is great but not worth moving money around, my credit union is paying 5 percent on all balances.
Am I missing something on the restriction/ limit to only buy 10k of I bonds per year?
The I Bond rate today is paying 6.89 percent, and as nice as that, appears very easy to purchase the Bond (hassle free).
The question is I Bond limits. It appears that one can only buy 10k in I Bonds per year? Am I reading that right? At 10K, yes the rate is great but not worth moving money around, my credit union is paying 5 percent on all balances.
Am I missing something on the restriction/ limit to only buy 10k of I bonds per year?